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Cisco Moving On Set-Top Boxes

Posted by Zonk on from the new-horizons dept.

nevermindme writes "Cisco has agreed to plunk down a whopping $6.9bn for Scientific-Atlanta, hoping to take a major share of the set-top-box market and push video efforts. The networking giant will pay $43 per share in cash for Scientific-Atlanta ($5.3bn) and swallow $1.6bn in debt. With the buy, Cisco acquires one of the more dominant set-top-box makers. In addition, it pushes well beyond the data center to touch consumers where they live."

2 of 110 comments (clear)

  1. After Cisco Buys Scientific Atlanta by Anonymous Coward · · Score: 1, Funny

    The affordable desktop boxes will be intentionally crippled, and you'll have to pay big bucks for an enterprise-class desktop box that can tune in all the channels.

  2. Re:sensible by $RANDOMLUSER · · Score: 4, Funny
    > ...Microsoft...want to get a version of their OS on cable boxes.

    Oh my god. I can see it now.

    You have successfully changed the channel. You must restart your TV for the new changes to take effect. Would you like to restart your TV now?

    --
    No folly is more costly than the folly of intolerant idealism. - Winston Churchill